Blogs & Resources
20 December 2022
Tax Tips for Christmas
3 Tax Tips for Christmas:Giving Employees Gifts at Christmas Time.Are gifts to clients / customers tax deductible?Can I claim my Christmas party as a tax deduct…
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7 December 2022
Giving Employees Gifts at Christmas Time.
Generally, the most tax effective outcome when providing Employees with gifts is to ensure that the following is adhered to:1. The gift is less than $300, Goods…
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30 November 2022
The Seven Ways to Grow Your Business
Below are seven key methods for growing your business.One: Increase client retention rate.Keep current clients happy - it is easier to keep existing clients tha…
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22 November 2022
Are gifts to clients / customers tax deductible?
Generally speaking yes. If the gift is designed to:1. Promote and / or advertise your business;2. Generate goodwill between your busin…
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20 November 2022
Can I claim my Christmas party as a tax deduction and what are the fringe benefit tax implications?
Generally speaking, if a party / function is held off the employer's premises and the cost per head is less than $300 the cost will be exempt from Fringe Be…
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26 October 2022
2022/23 October Federal Budget
Please subscribe to our newsletter for our 2022 / 2023 October federal budget update, where amongst others the following topics are discussed: 1.&n…
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10 October 2022
Taxation Update - October 2022
Please subscribe to our newsletter for our latest taxation update, our most recent newsletter covers: - Is saving tax worth working 10 extra …
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26 September 2022
Accountants need to offer Business Advisory to clients.
Business Advisory can have many great benefits.https://www.charteredaccountantsanz.com/news-and-analysis/news/building-futureproof-advisory-services-liam-mcnama…
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25 September 2022
Benefits of temporary loss carry back tax offset.
This measure allows you to apply current year losses against prior year profits. Many companies would have experienced losses in the last couple of years a…
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19 September 2022
The Three Freedoms of Business.
Three Freedoms of business are:- Financial.- Time.- Mind.If you would like to discuss further please contact us:McNamara & Company - Chartered Accountants, …
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31 August 2022
Small Business Specialist Advice Pathways Program
New program introduced by the Victorian Government - https://business.vic.gov.au/grants-and-programs/specialist-advice-pathways-programIf you would like to disc…
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24 August 2022
SMART Goals
Goals as opposed to good ideas should contain the following:- Specific- Measurable- Achievable- Relevant- Time basedIf you would like to discuss further please …
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25 July 2022
The Grow Model and Business Improvement
The Grow Model provides a great summary of how to improve / GROW your business.The 4 key areas include:1. Consider your Goals.2. Understand your Reality - …
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21 July 2022
Value and Growth in your Business.
If you are wanting Growth and Value in your business look at the 5 Pillars.1. Sales.2. Gross Margin.3. Profit.4. Cashflow.5. Assets.Look at what drives change b…
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14 July 2022
Thinking of issuing shares?
The amount that these shares are worth to your employees on issuance will depend on the Value of your Business.And that Valuation will usually depend on the pri…
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12 July 2022
Thinking of applying for business finance?
You may not have thought about this, but the amount you will be able to borrow will depend on the Value of your Business.And that Valuation will usually depend …
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